Russia currently imports around 60% of its breeding cattle
and 80% of its bovine semen, but thanks to a massive devaluation of the Russian
ruble these imports have recently doubled in price. The ruble has slumped by
100% to around 96 rubles to £1. In these circumstances,
development of pedigree livestock breeding technologies has received an
additional impetus in Russia.

Russia has become the world leader in the export of wheat,
surpassing the U.S. and Canada, the country's Minister of Agriculture Alexander
Tkachev told journalists on April 28. According to Tkachev, Russia will supply
about 25 million tons of wheat on the external market by the end of 2016.

RUSSIA - Agrofirma “Oktyabrskaya” is extending its poultry
operations for the third time in succession, with the construction of a new
SmartPro™ single-stage hatchery that will create 100 new jobs and produce 45
million eggs annually.

RUSSIA - Russian pig price is currently recovering from the
lows of a few weeks ago. Prices have increased by 10 Roubles per kg in both of
the last 2 weeks and this week are at 112 Roubles per live kg, writes Simon
Grey, Sales & Service Genesus Russia.

Russian pork giant Miratorg aims to double its meat
production from a forecasted 500,000 tonnes in 2016 to 1 million tonnes in
2020. The investments should boost turnover to US$ 4-5 billion, being currently
US$1.8 billion.

Russia and the Philippines are prepared to increase bilateral
trade in agricultural products, Russia's Agriculture Ministry said after a
meeting between Deputy Agriculture Minister Sergei Levin and the deputy
agriculture minister of the Philippines, Dennis Guerrero.